Polycab Shares Dip Despite Robust Q1 Results

ia shares faced a downward trend for the third consecutive session, falling 4 percent today, even as the company delivered a strong performance in its first-quarter earnings. The stock’s decline came despite the electrical major reporting an impressive beat on estimates, fueled by significant growth in its core wires and cables segment and a welcome surge in its Fast Moving Electrical Goods (FMEG) business.